2019-05-13T09:33:35-07:00 2018-06-30 990 2017-07-01 540525605 SHENANDOAH UNIVERSITY SHEN 5406654500 1460 University Drive Winchester VA 22601 Tracy Fitzsimmons President 5406654500 2019-05-13 204.154.81.200 2017 2019-02-21 02:37:17Z Tracy Fitzsimmons - President 1460 University Drive Winchester VA 22601 141480234 0 X www.su.edu X 1875 VA Shenandoah University educates and inspires individuals to be critical, reflective thinkers; lifelong learners; and ethical, compassionate citizens who are committed to making responsible contributions within a community, a nation and the world. A Shenandoah University education incorporates scholarship, experiential learning and sophisticated technologies as well as practical wisdom. The University provides students with the academic content and analytical skills they'll need to launch successful careers, and harness technologies that will enable them to create new ideas, products and services that impact a global society. 40 32 2921 300 374451 374451 6071518 6896915 115517793 115885084 2048734 4405372 255176 -320728 123893221 126866643 25584878 25629257 0 0 59619938 62399609 0 0 1673560 35767654 37767906 120972470 125796772 2920751 1069871 234673703 260741208 78254071 100214730 156419632 160526478 Shenandoah University educates and inspires individuals to be critical, reflective thinkers, lifelong learners, and ethical, compassionate citizens who are committed to making responsible contributions within a community, a nation and the world. The University offers over 40 undergraduate degrees, over 20 graduate degrees, and undergraduate and graduate certificates through its seven schools of study. The University is affiliated with the United Methodist Church and fosters a nurturing environment in which students learn, grow, and flourish. 0 0 80696592 25629257 103116911 During the fiscal year 2017-2018 Shenandoah University continued its focus on excellence and innovation with enrollment of 4,215 students in graduate and undergraduate programs in (Fall/Spring 2017/2018) through its seven schools and more than 100 programs of study. 12889684 0 1244360 Student Services includes admissions, registrar, student affairs, student organizations, and athletic programs. During fiscal year 2017-2018, Shenandoah University had 96 recognized student clubs and organizations. Shenandoah University sponsored 19 intercollegiate teams (10 for women and 9 for men), with a total student-athlete involvement of approximately 438. Intercollegiate athletics are an integral aspect of student life on the Shenandoah University campus, with the majority of students involved either as participants or spectators. 6946907 0 10588446 Auxiliary services includes the University's residence halls, bookstore, and childcare facilities. During fiscal year 2017-2018 Shenandoah housed approximately 967 students on campus. 7957173 0 935368 Shenandoah University's other program services not detailed in Part III include the maintenance of Shenandoah University's campuses. 7957173 0 935368 108490356 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 5275 0 1 2921 1 1 1 0 0 0 0 1 1 0 1 1 0 X 40 32 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Tracy Fitzsimmons - President 5406654505 1460 University Drive Winchester VA 22601 Walter H Aikens Trustee 0 0 X 0 0 0 J Gregory Bennett Trustee 0 0 X 0 0 0 Teresa A Cluss Trustee 0 0 X 0 0 0 Kyle Feldman Trustee 0 0 X 0 0 0 Andrew U Ferrari Trustee 0 0 X 0 0 0 Robert J Frogale Vice Chair 0 0 X 0 0 0 Mary Bruce Glaize Trustee 0 0 X 0 0 0 Frederick P Helm Trustee 0 0 X 0 0 0 Reverend Tommy Herndon Trustee 0 0 X 0 0 0 L Janell Hoffman Trustee 0 0 X 0 0 0 Bruce E Hunter Trustee 0 0 X 0 0 0 Diane S Kearns Trustee 0 0 X 0 0 0 Marjorie S Lewis Past Chair 0 0 X 0 0 0 Ann K MacLeod Trustee 0 0 X 0 0 0 Art H Major Trustee 0 0 X 0 0 0 Keith A May Trustee 0 0 X 0 0 0 J Randall Minchew Trustee 0 0 X 0 0 0 M Yaqub Mirza Trustee 0 0 X 0 0 0 Richard R J Morin Trustee 0 0 X 0 0 0 Nicholas J Nerangis St Trustee 0 0 X 0 0 0 Mark J Ohrstrom Trustee 0 0 X 0 0 0 Debra S Orbacz Trustee 0 0 X 0 0 0 Bipin B Patel Trustee 0 0 X 0 0 0 Reverend John B Peters Trustee 0 0 X 0 0 0 Cecil Pruitt Jr Trustee 0 0 X 0 0 0 Mary Farland Shockey Trustee 0 0 X 0 0 0 Gerald F Smith Jr Trustee 0 0 X 0 0 0 Harry S Smith Treasurer 0 0 X 0 0 0 Mark E Stavish Secretary 0 0 X 0 0 0 John D Stokely Jr Chair 0 0 X 0 0 0 James A Stutzman Jr Trustee 0 0 X 0 0 0 Reverend Lawrence R Thompson Jr Trustee 0 0 X 0 0 0 Charles A Veatch Trustee 0 0 X 0 0 0 James T Vickers Trustee 0 0 X 0 0 0 Ashley Warren Trustee 0 0 X 0 0 0 F Dixon Whitworth Jr Trustee 0 0 X 0 0 0 James R Wilkins Jr Trustee 0 0 X 0 0 0 Heather H Wilson Trustee 0 0 X 0 0 0 Irene R Wurtzel Trustee 0 0 X 0 0 0 Tracy Fitzsimmons President and Registered Agent 40 0 X 347554 0 78950 Adrienne G Bloss VP for Academic Affairs 40 0 X 179948 0 43995 Mitchell L Moore Senior VP and VP for Advancement 40 0 X 188529 0 48551 Clarresa M Morton VP for Enrollment & Student Success 40 0 X 155090 0 25702 Rhonda VanDyke VP for Student Life 40 0 X 126470 0 21498 Robert L Keasler Jr VP for Admin & Finance 40 0 X 207127 0 24428 Robert DiCenzo Dean - Pharmacy School 40 0 X 204719 0 37877 Michael Stepniak Dean - Conservatory 40 0 X 202874 0 22704 Arthur Harralson Associate Dean of Research - Pharmacy 40 0 X 164431 0 36220 Miles Davis Dean - School of Business 40 0 X 160364 0 21928 John O'Conor Professor - Keyboard 40 0 X 152690 0 27751 Kathleen LaSala Dean - School of Nursing 40 0 X 145969 0 27829 Anthony Miller Director - Physician Assistant Studies 40 0 X 138416 0 22348 Jeff Coker Dean - College of Arts & Sciences 40 0 X 131681 0 34595 Karen Abraham-Justice Dean - Health Professions 40 0 X 131664 0 11210 Philip Evans General Counsel 40 0 X 130878 0 11505 James Green Former Associate Professor of Pharmacy 40 0 X 49033 0 3992 2817437 0 501083 85 1 1 0 Howard Shockey & Sons Inc PO Box 2530 Winchester VA 22604 Construction 20799749 Sodexo Campus Services PO Box 536922 Atlanta GA 303536922 Food Service 3190522 H & W Construction Co PO Box 2648 Winchester VA 22604 Construction 961709 Earl Swensson Associates 2100 W End Ave Ste 1200 Nashville TN 37203 Architect 521243 FieldTurf USA Inc 175 N Industrial Blvd NE Calhoun GA 30701 Landscaping 434587 27 0 0 492800 0 1340150 5063965 356975 6896915 Tuition and Fees 611310 103116911 103116911 0 0 Auxiliary Services 900099 10588446 0 374151 10214295 University Campuses 900099 935368 0 300 935068 Ticket Sales 900099 744489 0 0 744489 Student Service Commissions 900099 499870 0 0 499870 0 0 0 0 115885084 1539579 0 0 1539579 0 0 0 0 141919 141919 0 0 136716 0 139707 0 -2991 0 -2991 0 0 -2991 16814234 0 13948441 0 2865793 0 2865793 0 0 2865793 65787 492800 525443 -459656 0 -459656 0 0 0 0 0 0 0 0 0 0 0 0 0 126866643 103258830 374451 16336447 0 0 25629257 25629257 0 0 0 0 2519736 1755187 379166 385383 0 0 0 0 46437363 40464656 5323715 648992 2570442 2180948 369015 20479 7547024 4525169 2923285 98570 3325044 2882888 378303 63853 0 0 0 0 69106 30364 38742 0 101134 0 101134 0 4539 0 4539 0 0 0 158968 0 158968 0 13787 0 13787 0 453468 154953 296136 2379 2564710 2052209 423425 89076 0 0 0 0 0 0 0 0 5878944 5673050 202083 3811 3204949 3044902 121872 38175 0 0 0 0 0 0 0 0 1899140 1767507 131633 0 0 0 0 0 9001506 7683911 1317595 0 710741 250860 459881 0 Meals/Rm Charge 3659228 3407992 206556 44680 Equipment Rental 1835058 1012601 795924 26533 Contract Service 3066230 1875993 1017552 172685 Publications 1776187 1542322 193541 40324 3370211 2555587 776004 38620 125796772 108490356 15632856 1673560 2670 2770 12747678 13131961 8034702 4934781 1946416 1539002 0 0 0 0 3045007 3685361 0 0 2342136 1600028 250113776 80440571 146580036 169673205 50375711 54608893 8482500 9942796 230645 619437 0 0 886202 1002974 234673703 260741208 10326556 7435397 2541190 2761369 2304154 1995167 57407421 82061413 0 0 0 0 4370388 5681726 0 0 1304362 279658 78254071 100214730 X 96389118 100833529 34024890 33133749 26005624 26559200 156419632 160526478 234673703 260741208 X 1069871 794070 0 0 0 2242905 X 0 1 X 1 1 1 X 7370143 6740717 12867499 6071518 6896915 39946792 0 0 0 0 0 0 0 0 0 0 0 0 7370143 6740717 12867499 6071518 6896915 39946792 11615447 28331345 2063136 1995431 1809244 1743194 1818214 9429219 88 9897 528 -33786 -50942 -74215 64854 81834 75219 31087 65787 318781 49620577 544918858 0.57096 0.5346 X Schedule A, Part II, Line 10 This amount includes income from a variety of fundraising events held throughout the year. 0 0 0 0 0 0 0 0 1 4539 4539 0 Schedule C, Part II-B, Line 1 Shenandoah University is a dues paying member of The Council of Independent Colleges in Virginia. The Council of Independent Colleges in Virginia operates as a nonprofit, 501(c)(6) organization representing 28 accredited nonprofit independent colleges and universities in Virginia. They work collaboratively in the areas of public policy, cost containment, and professional development as well as providing support to member institutions and their students in the areas of government relations, collaboration, research, and public relations. In the course of their activities for this year, they calculated the actual percentage of membership dues that was used for lobbying was 11.31% 0 498434 0 156508 X X 0 63422495 1241340 4984499 1569787 1728539 167729 66182279 60320841 951217 5669888 1559165 1799413 160873 63422495 63021010 848014 -118312 1505818 1748556 175497 60320841 62660241 1077504 2512098 1401667 1627608 199558 63021010 54892584 1000616 9793601 1315591 1551843 159126 62660241 0.21 0.4 0.39 1 0 3137055 10863427 14000482 1650000 171920461 41275813 132294648 0 3185888 760070 2425818 0 36726449 27207118 9519331 0 22630496 11197570 11432926 169673205 0 Beneficial Trusts 279658 279658 X 130574344 794071 5575 0 2908055 3707701 126866643 0 0 0 126866643 126467497 5575 0 0 665150 670725 125796772 0 0 0 125796772 Schedule D, Part III, Line 4 The collections of Shenandoah University include paintings, drawings, prints, photographs, sculptures, historical items and decorative arts. These items are on display throughout the University and for public exhibition. Schedule D, Part V, Line 4 The University has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the University must hold in perpetuity or for a donor-specified period(s) as well as board-designated funds. The objective of the endowment portfolio of the University is to achieve maximum total return consistent with assuming a reasonable degree of risk. Schedule D, Part X, Line 2 The Financial Accounting Standards Board issued guidance on accounting for uncertainty in income taxes. Management evaluated the University's tax positions and concluded that the University had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provision of this guidance. With few exceptions, the University is no longer subject to income tax examinations by the US Federal, state or local tax authorities for tax years before 2015. Schedule D, Part XI, Line 2d Fundraising and rental expenses reported as a reduction of income on Page 9, Part VIII, Lines 6b & 8b, - Also includes unrealized gain on SWAP Agreements reported on Part XI, Line 9. Schedule D, Part XII, Line 2d Fundraising and rental expenses reported as a reduction of income on Page 9, Part VIII, Lines 6b & 8b, respectively. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Shenandoah University includes a racially nondiscriminatory policy with all of its brochures and publications and also publishes on its school website as well as a local newspaper. Schedule E, Part I, Line 6 Shenandoah University received contributions from various government agencies in the amount of $1,340,150 as indicated on Form 990, Part VIII, line 1e. Europe (including Iceland and Greenland) 0 0 Program Services Educational travel, memberships 393000 Central America and the Caribbean 0 0 Program Services Educational travel, services 322000 Sub-Saharan Africa 0 0 Program Services Educational travel 62000 East Asia and the Pacific 0 0 Program Services Educational travel 55000 South America 0 0 Program Services Educational travel 38000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Services 2000 0 0 872000 0 0 0 0 0 0 WAEC Gala 526360 489722 36638 0 0 60607 90278 0 347999 Physician Asst. Fundr. 19567 2547 17020 0 0 0 5568 460 12142 1 12660 531 12129 0 0 8090 0 0 299 558587 492800 65787 0 0 68697 95846 460 360440 525443 -459656 1 Academic Scholarships 2470 15876459 0 Based on academic achievement Undergraduate and Graduate Need-Based Scholarships 1387 4970135 0 Determination based on financial need Graduate and Undergradate 264 2570707 0 Based on criteria of defined scholarship Graduate Fellowships 283 1981398 0 Enrollment in an eligible graduate program Federal Grants 528 208326 0 Based on criteria of grant Awards/Grants 80 22232 0 Criteria of award or grant Schedule I, Part I, Line 2 The process of packaging financial aid is the culmination of the complete analysis of student need and the aid administration cycle, the process of preparation for packaging is completed accurately and confidentially to ensure effective use of all aid funds available, as well as fair and equitable treatment to all applicants. X X 1 1 X 0 0 0 0 0 0 0 0 0 Tracy Fitzsimmons President and Registered Agent 314592 0 0 0 32961 0 48607 0 30344 0 426504 0 0 0 Adrienne G Bloss VP for Academic Affairs 162633 0 0 0 17315 0 20652 0 23344 0 223944 0 0 0 Mitchell L Moore Senior VP and VP for Advancement 153442 0 0 0 35088 0 22608 0 25944 0 237082 0 0 0 Clarresa M Morton VP for Enrollment & Student Success 142222 0 0 0 12867 0 16588 0 9115 0 180792 0 0 0 Rhonda VanDyke VP for Student Life 82940 0 0 0 43530 0 11383 0 10115 0 147968 0 0 0 Robert L Keasler Jr VP for Admin & Finance 187130 0 0 0 19997 0 15314 0 9115 0 231556 0 0 0 Robert DiCenzo Dean - Pharmacy School 179239 0 0 0 25480 0 16852 0 21025 0 242596 0 0 0 Michael Stepniak Dean - Conservatory 193635 0 0 0 9238 0 13589 0 9115 0 225577 0 0 0 Arthur Harralson Associate Dean of Research - Pharmacy 150567 0 0 0 13864 0 12876 0 23344 0 200651 0 0 0 Miles Davis Dean - School of Business 142296 0 0 0 18068 0 12813 0 9115 0 182292 0 0 0 John O'Conor Professor - Keyboard 121167 0 0 0 31523 0 11959 0 15792 0 180441 0 0 0 Kathleen LaSala Dean - School of Nursing 132024 0 0 0 13946 0 12037 0 15792 0 173799 0 0 0 Anthony Miller Director - Physician Assistant Studies 122145 0 0 0 16272 0 10833 0 11515 0 160765 0 0 0 Jeff Coker Dean - College of Arts & Sciences 124032 0 0 0 7649 0 11252 0 23344 0 166277 0 0 0 Karen Abraham-Justice Dean - Health Professions 125163 0 0 0 6501 0 9605 0 1605 0 142874 0 0 0 Philip Evans General Counsel 103358 0 0 0 27519 0 0 0 11505 0 142382 0 0 0 James Green Former Associate Professor of Pharmacy 46294 0 0 0 2740 0 3898 0 94 0 53026 0 0 0 Schedule J, Part I, Line 1a The University provides a housing allowance, car or mileage allowance, and social club dues to officers and key employees. The amount provided is included in their taxable wages. A Virginia College Building Authority 541249154 2011-12-09 36455000 Education Facilities 0 0 0 B IDA of Clarke County Virginia 541070553 2011-12-27 7815000 Education Facilities 0 0 0 C EDA of the Town of Mount Jackson Virginia 542053914 2012-12-28 10000000 Education Facilities 0 0 0 D EDA of the Town of Mount Jackson Virginia 542053914 2013-04-24 6000000 Education Facilities 0 0 0 A 9215000 0 36455000 0 0 35999505 384543 0 70952 0 0 0 2011 1 0 1 1 B 0 0 7815000 0 0 5032001 82073 0 0 2700926 0 0 2013 1 0 1 1 C 368750 0 10000000 0 0 0 115620 0 0 9884380 0 0 2013 0 0 1 1 D 221250 0 6000000 0 0 0 56716 0 0 5943284 0 0 2015 0 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 1 1 Branch Banking & Trust 10 0 0 0 0 1 B 0 0 1 0 1 1 Branch Banking & Trust 15.5 0 0 0 0 1 C 0 0 1 0 1 1 Branch Banking & Trust 13 0 0 0 0 1 D 0 0 1 0 1 1 Branch Banking & Trust 12.5 0 0 0 0 1 A 1 B 1 C 1 D 1 A EDA of the Town of Mount Jackson Virginia 542053914 2015-12-22 10000000 Education Facilities 0 0 0 B EDA of the Town of Mount Jackson Virginia 542053914 2016-01-22 10000000 Education Facilities 0 0 0 C EDA of the Town of Mount Jackson Virginia 542053914 2017-06-28 10000000 Education Facilities 0 0 0 D EDA of the Town of Woodstock Virginia 593823830 2017-07-20 10000000 Education Facilities 0 0 0 A 120000 0 10000000 0 66604 0 174621 0 0 9758775 0 0 2018 0 0 0 1 B 120000 0 10000000 0 0 0 133793 0 0 9866207 0 0 2018 0 0 0 1 C 0 0 10000000 0 0 0 151892 0 0 9848108 0 0 2017 0 0 0 1 D 0 0 10000000 0 0 0 151707 0 0 2767348 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 1 1 Branch Banking & Trust 10 0 0 0 0 1 B 0 0 1 0 1 1 Branch Banking & Trust 10 0 0 0 0 1 C 0 0 1 0 1 1 Branch Banking & Trust 10.5 0 0 0 0 1 D 0 0 1 0 1 1 Branch Banking & Trust 10.5 0 0 0 0 1 A 1 B 1 C 1 D 1 Howard Shockey and Sons Inc Officer serves as trustee 20799749 Construction 0 Ash Mill LLC Owner serves as trustee 1219270 Facility lease 0 H and W Construction Co Officer serves as trustee 961709 Construction 0 OakCrest Builders Inc Officer serves as trustee 293749 Construction 0 Mark A Turner Family member of trustee 60625 Compensation 0 X 5481 FMV X 14 196244 FMV X Program Support 6 155250 FMV 0 0 1 0 Form 990, Part VI, Section B, Line 11b Each trustee receives a copy of the Form 990 for review prior to the filing deadline. Form 990, Part VI, Section B, Line 12c All key employees and trustees are asked to review the conflict of interest policy and complete a conflict of interest questionnaire annually. Form 990, Part VI, Section B, Line 15 A committee uses compensation reviews and benchmarks to recommend the president's salary to the board. The board approves the president's salary each year. The president approves the salaries of the officers and key employees, which the board approves when passing the budget. Form 990, Part VI, Section C, Line 18 Form 990 is available to the public via Guidestar Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are made available to the public upon request. Form 990, Part XI, Line 9 Unrealized gain on SWAP agreements of $2,242,905 Extension to 5/15/2019 was filed